BSS-39 BB increases mobile banking transaction ceiling

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ZCZC

BSS-39

BB-MOBILE-BANKING

BB increases mobile banking transaction ceiling

DHAKA, May 19, 2019 (BSS) – Bangladesh Bank (BB) has increased the
ceiling of mobile banking transactions for expediting the country’s financial
activities.

For cash in, a person can give Taka 30,000 maximum each day from now on
and the transaction will be five times every day while the limit was Taka
15,000 per day and two transactions were permitted a day, according to a BB
circular issued here today.

Per month, a person can give maximum Taka 2 lakh at a maximum delivery
of 25 times. Previously, the cash-in amount was set at maximum Taka 1 lakh
per month.

For cash-out, one person can withdraw maximum Taka 25,000 per day at
maximum five times daily. The maximum withdrawal per month is Taka 1.50 lakh
in 10 takes.

Previously, the cash-out limit from agent was Taka 10,000 twice daily
and Taka 50 thousand per month at a maximum of 10 takes.

For withdrawing cash of Taka 5,000 and over, the receiver must show
proper verification — national identity card or its photocopy — to the
mobile banking agent.

BSS/KUC/ARS/2022 hrs